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Main Title: Vendor-Managed Inventory for High Value PartsResults from a survey among leading international manufacturing firms
Author(s): Franke, Peter D.
Editor(s): Straube, Frank
Type: Book
Language: English
Language Code: en
Abstract: Vendor-managed inventory (VMI) is common practice in mass-market environments and for high-volume, low-value items. But increasingly, also firms that produce low volumes of high value products are looking into VMI to reduce supply chain inventory and to be able to concentrate on their customer-side processes. This study shows how some leading international manufacturing firms have implemented vendor-managed inventory with their suppliers. Some of these firms have been practicing VMI for high value parts for more than ten years and continue to extend their schemes to include more items and suppliers. The study proposes a new structural framework specifying alternative solutions with respect to information, commercial and physical processes. Based on the survey findings, the author gives recommendations to firms looking at implementing VMI. Printed version available by Universitätsverlag der TU Berlin, ISBN 978-3-7983-2211-0
URI: urn:nbn:de:kobv:83-opus-29410
Issue Date: 6-May-2011
Date Available: 6-May-2011
DDC Class: 650 Management und unterstützende Tätigkeiten
Subject(s): Beschaffungslogistik
Supply chain management
Vendor managed inventory
Consignment stock
Inventory ownership
Low volume
Supply chain management
Vendor managed inventory
Series: Schriftenreihe Logistik der Technischen Universität Berlin / Sonderband
Series Number: 3
ISBN: 978-3-7983-2210-3
Appears in Collections:Inst. Technologie und Management (ITM) » Publications

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